Charlotte's Web Holdings Management
Management criteria checks 1/4
Charlotte's Web Holdings' CEO is Bill Morachnick, appointed in Sep 2023, has a tenure of 1.17 years. total yearly compensation is $1.89M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth CA$276.33K. The average tenure of the management team and the board of directors is 2 years and 0.9 years respectively.
Key information
Bill Morachnick
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Revenues Working Against Charlotte's Web Holdings, Inc.'s (TSE:CWEB) Share Price
Oct 04
Little Excitement Around Charlotte's Web Holdings, Inc.'s (TSE:CWEB) Revenues As Shares Take 26% Pounding
May 11Charlotte's Web Holdings, Inc. (TSE:CWEB) Surges 33% Yet Its Low P/S Is No Reason For Excitement
Mar 27Not Many Are Piling Into Charlotte's Web Holdings, Inc. (TSE:CWEB) Stock Yet As It Plummets 28%
Feb 09Is Charlotte's Web Holdings (TSE:CWEB) Using Too Much Debt?
Oct 08Analysts Just Made A Major Revision To Their Charlotte's Web Holdings, Inc. (TSE:CWEB) Revenue Forecasts
Aug 12Charlotte's Web Holdings (TSE:CWEB) Has Debt But No Earnings; Should You Worry?
Jul 09Some Charlotte's Web Holdings, Inc. (TSE:CWEB) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 11Will Charlotte's Web Holdings (TSE:CWEB) Spend Its Cash Wisely?
May 10Newsflash: Charlotte's Web Holdings, Inc. (TSE:CWEB) Analysts Have Been Trimming Their Revenue Forecasts
Aug 14The Charlotte's Web Holdings, Inc. (TSE:CWEB) Analysts Have Been Trimming Their Sales Forecasts
May 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$35m |
| Jun 30 2024 | n/a | n/a | -US$44m |
| Mar 31 2024 | n/a | n/a | -US$31m |
| Dec 31 2023 | US$2m | US$118k | -US$24m |
Compensation vs Market: Bill's total compensation ($USD1.89M) is above average for companies of similar size in the Canadian market ($USD170.34K).
Compensation vs Earnings: Insufficient data to compare Bill's compensation with company performance.
CEO
Bill Morachnick (59 yo)
1.2yrs
Tenure
US$1,885,526
Compensation
Mr. William J. Morachnick, also known as Bill, is CEO & Non-Independent Director of Charlotte's Web Holdings, Inc. from September 13, 2023. Mr. Morachnick was President at Santa Fe Reynolds Tobacco Interna...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 1.2yrs | US$1.89m | 0.88% CA$ 276.3k | |
| Co-Founder & Director | no data | US$370.80k | 6.93% CA$ 2.2m | |
| Chief Financial Officer | less than a year | no data | 0.0049% CA$ 1.5k | |
| Chief Operating Officer | 1.1yrs | no data | 0.15% CA$ 48.0k | |
| Corporate Controller & Chief Accounting Officer | 2.3yrs | no data | 0.0058% CA$ 1.8k | |
| Chief Scientific Officer | 1.7yrs | no data | no data | |
| Chief Administration Officer | 2.4yrs | US$747.86k | 0% CA$ 0 | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | 3.2yrs | US$555.68k | 0.059% CA$ 18.5k | |
| Senior VP of Government Affairs & Corporate Communications | 4.8yrs | no data | no data | |
| Chief Marketing Officer | 1.6yrs | no data | no data | |
| Senior Vice President of Innovation | 4.7yrs | no data | no data |
2.0yrs
Average Tenure
58yo
Average Age
Experienced Management: CWEB's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 1.2yrs | US$1.89m | 0.88% CA$ 276.3k | |
| Co-Founder & Director | less than a year | US$370.80k | 6.93% CA$ 2.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 1.1yrs | US$33.29k | no data | |
| Director | 1.7yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.9yrs
Average Tenure
57yo
Average Age
Experienced Board: CWEB's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.